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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Premium and service revenues $ 34,952 $ 34,232
Premium tax 3,937 2,953
Total revenues 38,889 37,185
Expenses:    
Medical costs 29,434 27,838
Cost of services 870 1,988
Selling, general and administrative expenses 3,011 2,745
Depreciation expense 142 156
Amortization of acquired intangible assets 183 199
Premium tax expense 4,011 3,006
Impairment 20 0
Total operating expenses 37,671 35,932
Earnings from operations 1,218 1,253
Other income (expense):    
Investment and other income 353 52
Debt extinguishment 0 3
Interest expense (180) (160)
Earnings before income tax 1,391 1,148
Income tax expense 261 296
Net earnings 1,130 852
(Earnings) loss attributable to noncontrolling interests 0 (3)
Net earnings attributable to Centene Corporation $ 1,130 $ 849
Net earnings per common share attributable to Centene Corporation:    
Basic earnings per common share (in dollars per share) $ 2.05 $ 1.46
Diluted earnings per common share (in dollars per share) $ 2.04 $ 1.44
Weighted average number of common shares outstanding:    
Basic (in shares) 550,779 583,230
Diluted (in shares) 553,845 590,658
Premium    
Revenues:    
Premium and service revenues $ 33,825 $ 31,889
Service    
Revenues:    
Premium and service revenues $ 1,127 $ 2,343